Technology & Market Assessment Grants

Small companies are the breeding ground for innovative products and disruptive technologies. In order to effectively allocate resources, it is important to have knowledge of similar and/or existing technology, patents, commercialization potential, markets and strategic partners. To enhance business growth and investment in Arizona, Commerce has contracted with industry and technology experts to provide Technology & Market Assessment grants that review and validate technologies, conduct competitive analysis, and explore market potential.

Overview
Who	Small Arizona technology companies with less than 100 employees or less than $4 million in revenue. The company’s primary business has to be in one of the following technology areas: Advanced Manufacturing Advanced Materials  Aerospace  Biosciences Electronics  Environmental Sciences  Information Technology Nanotechnology  Optics  Telecommunications  Sustainable Systems
What	A Market Assessment provides emerging technology entrepreneurs with a commercialization feasibility study; hence contributing to the formulation of successful marketing and licensing strategies. A Technology Assessment offers technology entrepreneurs access to an independent, expert review of their technology under development. Emphasis is placed on determining if the technology already exists, is a good candidate for intellectual property protection and likely to find an attractive market.
When	NEW! Download the proposed Grant Solicitation Schedules: Market Assessment Grants or  Technology Assessment Grants
Why	To receive invaluable information from professional and accredited industry leaders on the viability of a technology and/or the market feasibility, potential and opportunity of a technology.
How	To request an application for the Market Assessment Grant, please click here. Be sure to include the grant solicitation number in your request. To request an application for the Technology Assessment Grant, please click here. Be sure to include the grant solicitation number in your request.